Updated over 11 years ago on . Most recent reply
Why are listings priced higher today than they sold for in 2004-201212 in Ohio?
Looking at listings from $275 - $315K in Northeast Ohio (canton, green) and I see a lot of sellers paid $25-$35K less than what they are listing them for.
Some of these have been on the market for months. Are the sellers dreaming? I would think these homes built from year 2000-2013 would depreciate or be at the same value today.
Any advice or expert opinions would be greatly appreciated!
Most Popular Reply
@Schuyler Smith , listing price is just the sellers opinion/hope of what the house is worth. Nothing more. If they've been on the market for months, obviously the market doesn't agree. All that matters is what properties are actually selling for.